Canada's innovation evolution
In 2001, Canada was amongst the most innovative nations worldwide.
Today – Canada’s ranking has slipped to #9 in 13 countries surveyed which reflects a similar drop in ranking across multiple Innovation Indexes over last two decades.
Looking forward, to the future, we see Canada positioned and gaining momentum to rise to the challenge again. While many other countries have struggled in response to COVID-19, Canada’s response was among the best. Additionally, citizens believed strongly in the support the government provided.
Lessons from the drivers
Lesson #1 – Embrace Ambitious Change
Innovation drivers demonstrate a strong ability to sense, react, and adapt to disruption and rising demand for services.
Canadian government leaders on average were:
Lesson #2- Invest Wisely
Innovation drivers strike the right balance between delivering essential services, while innovating in promising new directions.
Canadian organizations estimated that while they outspend peers on improving effectiveness of their core services, they are behind on investments in new technology and transformation of legacy systems.
Lesson #3- Prioritize Collaboration
Innovation drivers are savvy at tapping into ecosystems, to fuel their innovation pipelines.
Drivers collaborate with other public and private sector organizations, tapping into successful new models and ideas.
Canadian organizations can place greater importance on pursuing strategic partnerships—especially outside of government—and terminating specific services/capabilities which could both support new services and innovation.
So what is to stop Canadian organizations from returning to the ranks of innovation drivers? Nothing.
All that is needed is the innovation discipline and to forge a path forward.